Economic Risk Analysis for Petroleum Projects

This online course presents the way and methodology to perform economic risk analysis for petroleum project and industrial project in general. How to use Monte-Carlo simulation technique by using Crystal ball from Oracle under excel sheet is presented. This technique can be use in risk assessment in general. The applied example for this simulation in this course will for oil and gas investment project to present the economic calculation and how to calculate the risk of the investment.

This example for real project and present  this online course the economic factor and how we can obtain the risk for any project. this technique can be applied for any risk assessment as this simulation is a general technique. The business decision is based on this analysis as it is the core for any project feasibility study which is the first step for any project. The attendees will receive a free ebook about "Business Project Investment : Risk Assessment & Decision Making".

This course with the ebook presents an overview for business investment and economic, risk assessment tools by using MonteCarlo simulation, statistics and probabilities methods with modern and advanced technique to take the best decision.

This course with the ebook is considered as a guideline methodology of how to take decision of project investment. These tools, technique and tips of thinking is very important when start your investment project for small scale or mega projects. This online course with the ebook are one of a series of project management in easy way I try to mix between practical ways and theoretical background. As per this course, you can see the best methods of taking decision with simple economic parameters and also we answer the complicated questions is how the multinational companies take decision. This series of book is the main tips of project management and how to work in a project or to deal with the project if you provide a services or outsourcing to any project